Commonwealth Equity Services LLC Has $184.67 Million Stake in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Commonwealth Equity Services LLC lifted its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 19.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,552,043 shares of the company’s stock after purchasing an additional 588,269 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $184,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of COWZ. International Assets Investment Management LLC purchased a new stake in Pacer US Cash Cows 100 ETF in the 4th quarter valued at $85,260,000. Envestnet Asset Management Inc. raised its position in Pacer US Cash Cows 100 ETF by 69.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,276,874 shares of the company’s stock valued at $161,976,000 after buying an additional 1,341,873 shares during the last quarter. LPL Financial LLC raised its position in Pacer US Cash Cows 100 ETF by 10.3% in the 3rd quarter. LPL Financial LLC now owns 13,217,124 shares of the company’s stock valued at $653,322,000 after buying an additional 1,233,027 shares during the last quarter. Axxcess Wealth Management LLC raised its position in Pacer US Cash Cows 100 ETF by 318.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,434,276 shares of the company’s stock valued at $70,896,000 after buying an additional 1,091,376 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Pacer US Cash Cows 100 ETF by 33.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,225,357 shares of the company’s stock valued at $159,047,000 after buying an additional 804,685 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Down 1.1 %

BATS COWZ traded down $0.61 on Thursday, reaching $54.23. The company had a trading volume of 2,620,770 shares. The stock has a market capitalization of $22.31 billion, a PE ratio of 8.66 and a beta of 0.79. The business has a 50-day moving average price of $55.89 and a two-hundred day moving average price of $52.54.

About Pacer US Cash Cows 100 ETF

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that is based on the Pacer US Cash Cows 100 index. The fund tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index. COWZ was launched on Dec 16, 2016 and is managed by Pacer.